Tech Stocks Return to Near-Record Levels
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Technology stocks, for years the U.S. stock market’s leading sector, have quietly regained their front-runner status.
The S&P 500 information technology sector gained 0.2 percent on Tuesday, putting it on track for its fourth straight daily gain and taking it within 1 percent of a record close hit in early October. The industry benchmark has advanced more than 30 percent from a late December low, and is up 21 percent thus far in 2019, the biggest percentage gain of any of the 11 S&P 500 sectors.